Common use of Due Organization; Good Standing Clause in Contracts

Due Organization; Good Standing. Each of Parent and Purchaser is a corporation duly organized, validly existing and in good standing under the Laws of the jurisdiction of its incorporation.

Appears in 3 contracts

Samples: Merger Agreement (Cemex Sa De Cv), Merger Agreement (Puerto Rican Cement Co Inc), Merger Agreement (Cemex Sa De Cv)

AutoNDA by SimpleDocs

Due Organization; Good Standing. Each of Parent and Purchaser is a corporation duly organized, validly existing and in good standing under the Laws laws of the jurisdiction of its incorporation.

Appears in 1 contract

Samples: Merger Agreement (Southdown Inc)

AutoNDA by SimpleDocs
Draft better contracts in just 5 minutes Get the weekly Law Insider newsletter packed with expert videos, webinars, ebooks, and more!